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Sold on 12 May 2021

51 Kingston Road Underwood QLD 4119

  • Showrooms / Bulky Goods
  • 9,492 m²
  • Sold

9,492sq m* former Bunnings Warehouse on a 2.93ha* site - Brisbane

  • Vacant 9,492 sq m* Building
  • Only 32%* Site Cover
  • Value Add - Reposition/Redevelop

The property comprises a functional vacant modern former "Bunnings Warehouse" building with an enclosed area of 7,382sqm* plus a drive-through partially enclosed annex of 2,023sqm*, with onsite car parking for 320* vehicles.

The property is situated on Kingston Road, Underwood 19km* south east of the Brisbane CBD, about 200 metres* south of the intersection with Logan Road.

Key highlights include:

Value - add Opportunity - Occupiers, Developers, Retailers or Logistics users

9,492 sq m* functional building with full ESFR sprinkler system, and a 32%* site cover

Prominent high profile site of 29,320sq m* with a 198m* frontage to Kingston Road (State Route 95) only 19km* South of Brisbane CBD

Flexible zoning allowing for a wide range of uses including large format retailing, showroom, low impact industry, service industry, warehousing, outdoor sales, automotive, self storage, medical, short stay accommodation and last mile logistics

Strong embedded real estate value

2 mins* to M1 Motorway allowing linkage to all major arterials

Large trade area totalling 296,312* people, projected to increase to 310,452* by 2026

Adjacent to major traffic generators including Woolworths, Aldi and Big W

*Approx.

For Sale by Private Negotiation

Property Highlights

Date Sold12 May 2021
Floor Area9,492 m²
Land Area2.93 ha
ParkingOn site parking available
Building TypeWhole building
Property ID2016125260
Category
Last updated  16 Aug 2021
Map for 51 Kingston Road Underwood QLD 4119

Property Highlights

Date Sold12 May 2021
Floor Area9,492 m²
Land Area2.93 ha
ParkingOn site parking available
Building TypeWhole building
Property ID2016125260
Category
Last updated  16 Aug 2021
Level 33, Riverside Centre, 123 Eagle Street Brisbane City QLD 4000
Callum Stenson
Callum Stenson
Savills Brisbane
Peter Tyson
Peter Tyson
Savills Brisbane

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